Bugger. I only made 270 pips today. What a useless EA.
Hehe. 270 pips in a day. There have been whole
years when I have made less than this.
The account is now up just shy of 10% in two trading days.
Leaving that aside, here is a thingy that I am finding.
Twice I have reached the stage where I have so many trades open that my margin level is down to under 150% yet the overall position is positive. I did not realise this before, but early trades hammer the margin level, but subsequent ones increase it by successively smaller and smaller amounts (Global Prime demo, 100:1 leverage).
So, it is possible to reach the stage where we have umpteen trades open. One goes up and the other goes down and the overall upl barely moves. I was in this position a few minutes ago when I decided to close down and start again. Imagine that you have let a position with about 1500 pips profit slip as a number of us did last week, and find yourself back in the red and never likely to recover. Ouch.
Bear in mind that Bob rarely leaves profits on the table and we are trying to learn from him. It might be worthwhile employing mptm to close out trades once we have a half-decent overall upl. HGB does not go short of trades so we will not be waiting days and days for the next one to happen along.
Just thinking aloud. This stuff is new to all of us.
Read the effing manual, ok?
Afterprime is the official SHF broker. Read about them at https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=175790#p175790.
I still suffer from OCCD. Good thing, really.
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